NOT LISTED FOR SALE

12300 Jamaica Ave Unit 307 Ocean City, MD 21842

Estimated Value: $350,000 - $382,000

2 Beds
3 Baths
1,138 Sq Ft
$140/mo HOA Fee

Last Sold May 15, 2024

Last sale price $325,000 $286 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,364/month

30 Days on Market

Highlights

  • Penthouse
  • City View
  • Coastal Architecture
  • Ocean City Elementary School Rated A
  • Open Floorplan
  • 3-minute walk to Northside Park

About This Home

As of May 2024

New Listing Alert! Welcome to 12300 Jamaica Ave, Unit 307! This stunning condo offers a blend of comfort and convenience, with recent upgrades and a prime location near the beach and other amenities. Recent Upgrades: HVAC has been replaced within the last few years, ensuring efficiency and comfort. Double Balconies: Enjoy the views from not one, but two private balconies! Spacious Layout: This unique two level 2-bedroom unit also features a den and 3 full bathrooms, providing ample space for relaxation and entertainment. Quality Kitchen: Solid wood cabinets and pendant lighting enhance the kitchen, making it a joy to cook and entertain. The condo boasts a mix of carpet and luxury vinyl flooring, . Building Improvements: The building has seen significant improvements within the last 5 years, including replacing balconies, windows, sliders, and roof. Beach Proximity: Just 1 and 1/2 blocks from the beach, this location is perfect for beach lovers and outdoor enthusiasts. Nearby Amenities: The condo is conveniently located near restaurants, shopping, and entertainment options. Plus, it's only 1/2 block from Northside Park, which offers playgrounds, a fishing pier, the Ocean City Recreation Center, and scenic walking paths. Fireworks Views: Don't miss out on the spectacular 4th of July fireworks, which can be enjoyed from both balconies! This listing is a must-see for anyone looking for a comfortable, well-appointed condo in a fantastic location. This would make an excellent choice for a Vacation home or Short Term Rental Property. Property comes mostly furnished and equipped. An added bonus is a peak of the Ocean from the East facing windows. Schedule a viewing today and make this your new home sweet home!

Last Agent to Sell the Property

Anthony Golden

Berkshire Hathaway HomeServices PenFed Realty Listed on: 02/28/2024

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Carol Proctor

Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Last Buyer's Agent

Cass Stuart

Sheppard Realty Inc License #639892

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1983

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Penthouse
  • Coastal Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,138 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Combination Kitchen and Living
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 307
  • Assessor Parcel Number 2410250862

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, reserve funds, trash
  • Low-Rise Condominium
  • Jamica Ii Condos
  • Jamaica Ii Community

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,277

Year Built

Built in 1983

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Exclusions: See inventory list
  • Inclusions: furnished with some exclusions. See inventory list.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: 🏠 New Listing Alert! 🏠 Welcome to 12300 Jamaica Ave, Unit 307! This stunning condo offers a blend of comfort and convenience, with recent upgrades and a prime location near the beach and other amenities. 🔧 Recent Upgrades: HVAC has been replaced within the last few years, ensuring efficiency and comfort. 🌅 Double Balconies: Enjoy the views from not one, but two private balconies! 🛏️ Spacious Layout: This unique two level 2-bedroom unit also features a den and 3 full bathrooms, providing ample space for relaxation and entertainment. 🍽️ Quality Kitchen: Solid wood cabinets and pendant lighting enhance the kitchen, making it a joy to cook and entertain. The condo boasts a mix of carpet and luxury vinyl flooring, . 🏢 Building Improvements: The building has seen significant improvements within the last 5 years, including replacing balconies, windows, sliders, and roof. 🏖️ Beach Proximity: Just 1 and 1/2 blocks from the beach, this location is perfect for beach lovers and outdoor enthusiasts. 🍽️ Nearby Amenities: The condo is conveniently located near restaurants, shopping, and entertainment options. Plus, it's only 1/2 block from Northside Park, which offers playgrounds, a fishing pier, the Ocean City Recreation Center, and scenic walking paths. 🎆 Fireworks Views: Don't miss out on the spectacular 4th of July fireworks, which can be enjoyed from both balconies! This listing is a must-see for anyone looking for a comfortable, well-appointed condo in a fantastic location. This would make an excellent choice for a Vacation home or Short Term Rental Property. Property comes mostly furnished and equipped. An added bonus is a peak of the Ocean from the East facing windows. Schedule a viewing today and make this your new home sweet home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Range Hood, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Carpet, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In, Tub Shower
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1138
  • Living Area Sq Ft: 1138
  • Price Per Sq Ft: 294.38
  • Above Grade Finished Sq Ft: 1138
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12300

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Architectural Shingle
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 140.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Jamica II
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Reserve Funds, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2277.00
  • Assessor Parcel Number: 2410250862
  • Tax Lot: 307
  • Tax Total Finished Sq Ft: 1138
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/15/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
May 16, 2024
Sold by
Burke Stanley B and Coffman-Burke Mary
Bought by
Doran Thomas L and Doran Rosemary R
Seller's Agent
Anthony Golden
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Cass Stuart
Sheppard Realty Inc
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Views
70
Current Estimated Value
$364,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,802
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Feb 15, 2013
Sold by
Fannie Mae
Bought by
Burke Stanley B and Coffman Burke Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2012
Sold by
Taylor Donna Sue and Elliott Lois M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 4, 2002
Sold by
Elliott Lois M
Bought by
Elliott Lois M and Taylor Donna S

Purchase Details

Closed on
May 22, 2001
Sold by
Ruffini Anthony J and Ruffini Christine A
Bought by
Elliott Lois M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Doran Thomas L $325,000 Eagle Title
Burke Stanley B $133,000 Maryland Title Service Corp
Federal National Mortgage Association $152,025 None Available
Elliott Lois M -- --
Elliott Lois M $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Stanley B $106,400
Previous Owner Taylor Donna Sue $147,000
Closed Elliott Lois M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $325,000 -3.0% $286 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $335,000 -- $294 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,826 $243,500 $0 $0
2024 $2,826 $202,500 $0 $0
2023 $2,270 $161,500 $80,700 $80,800
2022 $2,270 $161,500 $80,700 $80,800
2021 $2,282 $161,500 $80,700 $80,800
2020 $2,282 $161,500 $80,700 $80,800
2019 $2,298 $161,500 $80,700 $80,800
2018 $2,275 $161,500 $80,700 $80,800
2017 $2,281 $161,500 $0 $0
2016 -- $161,500 $0 $0
2015 $1,325 $161,500 $0 $0
2014 $1,325 $182,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2019330

Bright MLS

APN: 10-250862